Doha: Gold climbed on Thursday after the Federal Reserve warned of rising inflation and labor market risks fueling economic uncertainty, while investors awaited the outcome of the US-China trade talks this weekend. Spot gold rose 0.9% to $3,392.90 an ounce. US gold futures firmed 0.2% to $3,399.80.

According to Qatar News Agency, bullion hit a record high of $3500.05 on April 22. Spot silver rose 1.2% to $32.85 an ounce, platinum gained 0.9% to $982.81 and palladium fell 0.3% to $969.93.